Saturday, February 22, 2014

[aaykarbhavan] SC: Sandvik Asia's case misread; compensation to be granted on belated refund and not interest on interest



[2014] 42 taxmann.com 1 (SC)
IT: For delay in refund to assessee, it is only interest provided for under statute which may be claimed by an assessee; only for inordinate delay of decade(s) compensation is to be paid
 
Regards
Prarthana Jalan


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